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ThinkPad is a solid brand. So why is Lenovo suddenly screwing up its brand relationship with customers? We all have our favorites. That's the power of successfully building a brand. However, in an effort to grow, Lenovo is making a costly mistake. Rather than creating a distinct new sub-brand catego...
Amazon is hiring more than 5,000 people to work in 17 of its U.S. fulfillment centers, it said Monday. In addition to the fulfillment center jobs, Amazon will hire 2,000 new employees to work in its customer service centers. The fulfillment center jobs, which are scattered throughout the country, ar...
A 22 percent revenue increase in its second quarter wasn't enough to keep Amazon from reporting an unexpected $7 million loss on Thursday, which it attributed partially to a weakened European economy. The company's stock, which has been up more than 20 percent for the year overall, tumbled more than...
Facebook's stock soared Wednesday following the release of its Q2 earnings report, which beat Wall Street expectations. Investors seemed pleased with the company's strong user growth and better-than-expected gains from mobile advertising. It reported $1.81 billion in revenue, a 53 percent year-ove...
Netfllix added 630,000 U.S. streaming customers and achieved profit of $29 million, or 49 cents a share, in the second quarter of 2013, it reported on Monday. Those profits represent a dramatic increase from the same period a year ago. The company's revenue, meanwhile, rose 20 percent year-on-year t...
eBay revealed Monday that it has made its mobile-focused eBay Now service accessible via the desktop and expanded its same-day delivery service areas, as the competition among online retailers intensifies. The company first tested same-day delivery in San Francisco about a year ago. Later it rolled ...
Netflix joined the ranks of Emmy nominees for the first time Thursday, scoring 14 nods for three of its online TV shows. The streaming service picked up nine nominations for House of Cards, its original political thriller series, three for its reboot of the popular comedy Arrested Development, and a...
Despite gains reported in core business areas, eBay is facing economic weakness in key overseas markets, which sent its stock tumbling following its quarterly earnings report Wednesday. eBay reported non-GAAP net income of $822 million, or 63 cents per share, compared with the $730 million, or 56 ce...
Google is considering the possibility of launching an Internet-based TV service, according to numerous media reports. Specifically, the company has approached several media companies about the possibility licensing of content for an Internet-based TV service that would stream traditional TV programm...
The White House and eight companies including Google and Microsoft announced a joint effort to mobilize against online piracy and counterfeiting Monday with the help of a set of best practices developed in conjunction with the Interactive Advertising Bureau. The effort is designed to limit the reve...
Google reportedly is planning to spend $500 million or more promoting the Moto X smartphone, sparking speculation that a new round of mobile marketing wars is about to begin. One reason for the intensified focus on advertising could be the narrowing differentiation among high-end smartphone features...
Yelp announced this week that it has partnered with local businesses and startups to add food delivery to its platform. Now Yelp users in New York City and San Francisco will be able not only to scan the site for reviews of local restaurants, but also to order food and have it delivered. Yelp is tea...
There is a simple answer to the BlackBerry problem: Rather than trying to become a new company and address a new market and compete with new competitors, it should focus on its bread and butter, the business and government communities that still use its products. If it does this, I believe its recov...
Social commerce website Fancy has racked up $53 million in funding from investors including American Express and actor Will Smith, according to press reports citing a July 3 SEC filing. The company currently is valued at $600 million. Fancy reportedly brings in about $3 million per month, and its ba...
Anyone who's ever made a presentation with data knows that making data presentable isn't always easy. That's part of the rationale behind Databoard, a new tool from Google that's designed to help users do just that. Announced on Tuesday, Google Databoard gives users a new way to share data insights....
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